Theoretical concepts with practical accounting task application based on the topics from the subject

 Assessment 1

Assessment Type: Written Report - individual assessment
Purpose: This assessment is designed to reinforce the subject content and develop students’ skills and application of knowledge of the subject content to business situations. This assessment relates to learning outcomes a, b and c.
Value: 20% Due Date: Students are to upload their submission to the Turnitin link on the KOI
Moodle subject home page by 5:00pm Friday of Week 6.
Topic: This assignment covers contemporary theoretical concepts with practical accounting task application based on the topics from the subject.
Task Details: This assignment requires students to access the Conceptual Framework of Accounting www.aasb.qov.au and select the conceptual framework tab. Students are then required to access paragraph 2.4 fundamental qualitative characteristics.
Students should:
1- Prepare a summary of the requirements for general-purpose financial reports with respect to these fundamental qualitative characteristics.
2- Select an ASX corporation (www.asx.com.au) and review general purpose financial report material with respect to the reporting of risk by the corporation
3- Review the general-purpose financial reports, additional company media releases, internet, and other sources in relation to the reporting of risk by the corporation.
4- Prepare a comprehensive report directed to this research. The report extracted from the general-purpose financial report and additional material relevant to the analysis.
Presentation: Report - 1,500 word report. The word count excludes the cover sheet, contents page, references, appendices, and illustrations (e.g. diagrams, graphs and tables). Students need to stay within
the assigned word limits, and indicate the word count on the cover page of the assignment. The report should be typed double spaced, using Times New Roman font size of either 10 point or 12 point. Every page should be clearly numbered.
The assignment should include the following parts:
o A title / cover page, which indicates basic information such as Subject title, Subject code, Trimester number, Assignment title, group members’ full names and KOI student numbers, word count and name of the tutor;
o Executive Summary;
o Table of Contents;
o Main contents - Introduction, analysis using suitable headings and subheadings, Conclusions and Recommendations, Appendices (if any); References (using Harvard - Anglia style); and/or o Attachments.
Marking Guide:
Research - extent and application 30%
Analysis 30%
Recommendations/conclusions 30%
Presentation 10%
This mark will be scaled to a mark out of 20 subject marks.

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